Trustees
Nolulamo Nobambiswano Gwagwa
Zwoitwaho Calvin Nevhutalu
Oren Fuchs
Sizwe Errol Nxasana
Elizabeth Maepa
Amanda Tandi Nzimande
Mary Vilakazi
Bongiwe Njobe
firstrand
staff assistance trust
The FirstRand Staff Assistance Trust (FRSAT) is constituted as a perpetual trust registered with the Master of the High Court and SA Revenue Service, and is governed by a trust deed.
The trust’s mandate is to assist black employees earning a salary package below a certain level, their immediate families with their educational, healthcare and other needs.
FRSAT CSI commitment* (education)
(R million)
For the 2023 school cycle the trust assisted 5 281 employees with their children’s school expenses, to the value of
R33.9 million
This represents a fulfilment rate of
98%
of total staff applications.